103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB1255 Introduced , by Rep. Joe Sosnowski SYNOPSIS AS INTRODUCED: New Act Creates the Local Government Business Anti-Poaching Act. Provides that no municipality or county shall offer after the effective date of the Act any incentive to a business or corporation to move its headquarters located in Illinois, or any part of its business located in Illinois, away from the current location. Defines "incentive". Limits home rule powers. Effective immediately. LRB103 05811 AWJ 50831 b A BILL FOR 103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB1255 Introduced , by Rep. Joe Sosnowski SYNOPSIS AS INTRODUCED: New Act New Act Creates the Local Government Business Anti-Poaching Act. Provides that no municipality or county shall offer after the effective date of the Act any incentive to a business or corporation to move its headquarters located in Illinois, or any part of its business located in Illinois, away from the current location. Defines "incentive". Limits home rule powers. Effective immediately. LRB103 05811 AWJ 50831 b LRB103 05811 AWJ 50831 b A BILL FOR
103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB1255 Introduced , by Rep. Joe Sosnowski SYNOPSIS AS INTRODUCED:
New Act New Act
New Act
Creates the Local Government Business Anti-Poaching Act. Provides that no municipality or county shall offer after the effective date of the Act any incentive to a business or corporation to move its headquarters located in Illinois, or any part of its business located in Illinois, away from the current location. Defines "incentive". Limits home rule powers. Effective immediately.
LRB103 05811 AWJ 50831 b LRB103 05811 AWJ 50831 b
LRB103 05811 AWJ 50831 b
A BILL FOR
HB1255LRB103 05811 AWJ 50831 b HB1255 LRB103 05811 AWJ 50831 b
HB1255 LRB103 05811 AWJ 50831 b
1 AN ACT concerning local government.
2 Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
4 Section 1. Short title. This Act may be cited as the Local
5 Government Business Anti-Poaching Act.
6 Section 5. Definition. As used in this Act, "incentive"
7 means any economic benefit, financial benefit, or other
8 benefit, such as those authorized under the Economic
9 Development for a Growing Economy Tax Credit Act, the Property
10 Tax Code, the Counties Code, the Illinois Municipal Code
11 (including the Tax Increment Allocation Redevelopment Act), or
12 any other provision of law authorizing abatements, credits, or
13 tax or fee reductions.
14 Section 10. Illinois business poaching prohibited.
15 Notwithstanding any other provision of law, no municipality or
16 county shall offer after the effective date of this Act any
17 incentive to a business or corporation to move its
18 headquarters located in Illinois, or any part of its business
19 located in Illinois, away from the current location.
20 Section 15. Home rule. The regulation of offering any
21 incentive to a business or corporation to move its
103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB1255 Introduced , by Rep. Joe Sosnowski SYNOPSIS AS INTRODUCED:
New Act New Act
New Act
Creates the Local Government Business Anti-Poaching Act. Provides that no municipality or county shall offer after the effective date of the Act any incentive to a business or corporation to move its headquarters located in Illinois, or any part of its business located in Illinois, away from the current location. Defines "incentive". Limits home rule powers. Effective immediately.
LRB103 05811 AWJ 50831 b LRB103 05811 AWJ 50831 b
LRB103 05811 AWJ 50831 b
A BILL FOR
New Act
LRB103 05811 AWJ 50831 b
HB1255 LRB103 05811 AWJ 50831 b
HB1255- 2 -LRB103 05811 AWJ 50831 b HB1255 - 2 - LRB103 05811 AWJ 50831 b
HB1255 - 2 - LRB103 05811 AWJ 50831 b
1 headquarters located in Illinois, or any part of its business
2 located in Illinois, away from the current location are
3 exclusive powers and functions of the State. A home rule unit
4 may not regulate such matters. This Act is a denial and
5 limitation of home rule powers and functions under subsection
6 (h) of Section 6 of Article VII of the Illinois Constitution.
7 Section 99. Effective date. This Act takes effect upon
8 becoming law.
HB1255 - 2 - LRB103 05811 AWJ 50831 b